Reply #154: some great resources!

[Snazzy]

Thanks, lots of reading ahead. I think we'll find if we truly understand BCCI the same thing by essentially the same people is going on today.

They probably think they are better at it, but it seems the climate from both 9/11 and Enron being busted have made the loopholes they exploit harder to utilize. For certain, whoever strengthened, via a section in the Patriot Act, the 'know your customer' (BSA) regs and reporting must have fallen off the reservation and onto the BFEE shit list. Seems to be no problem with getting funny money out of the country (drug trade helps with that for one thing). Maybe now it's getting harder to get questionable foreign bucks into the country. That's how Riggs got into its problems--there will be more, especially if we get actual indictments and things start to unravel. The Halliburton trial in France is something I'd like to find and read first hand too (and why France? Bet it has something to do with competition (ELF) in Nigeria, elsewhere in Africa, and also Iraq).

Watch for a new bank in Iraq, opening for bizness real soon (Bush's Commerce and Credit of Iraq?).